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December 29, 2021, 1:35 PM
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| Wall Street Journal: |
Sources: following Haugen's leaks, Meta sought to divide lawmakers along partisan lines to forestall regulation, as Zuckerberg told employees not to apologize — Chief Executive Mark Zuckerberg drove response to disclosures about company's influence; sending deputies to testify in Congress| Sergiu Gatlan / BleepingComputer: |
T-Mobile confirms reports of a data breach caused by SIM swap attacks on a “very small number of customers”, following six other data breaches since 2018 — T-Mobile confirmed that recent reports of a new data breach are linked to notifications sent to a “very small number of customers” who fell victim to SIM swap attacks.| Bloomberg: |
Apple puts Foxconn's southern India factory on probation after worker protests shut it down and an investigation revealed substandard living conditions — - Foxconn apologized for lapses in worker living conditions — Apple has asked for corrective actions before factory reopens
More:
Reuters, Ars Technica, AppleInsider, TechCrunch, iPhone in Canada Blog, The Hindu, Philip Elmer‑DeWitt, iClarified, TechCircle, Benzinga, MacDailyNews, MacRumors, Agence France-Presse, The Mac Observer, 9to5Mac, iThinkDifferent, BGR India, National Herald, Nikkei Asia, Slashdot, and The Economic Times
| Cobie: |
The dogecoin bull run in 2021 and recent $SOS token airdrop by a third party to OpenSea users show that the only scarce resource in crypto is attention — People talk a lot about scarcity in crypto. Whether it's enforcing digital scarcity through NFTs or the idea that “there's 55m millionaires but only 21m bitcoins”.
More:
CoinDesk. Tweets: @carnage4life, @carnage4life, @carnage4life, @carnage4life, @ljin18, and @mdudas
| Paul Butler: |
Web3 game Axie Infinity's play-to-earn model blurs the lines between “player” and “worker”, creating a Ponzi scheme with built-in deniability — In Bullshit Jobs: A Theory, David Graeber makes the case that a sizable chunk of the labour economy is essentially people …
More:
Bricks & Stones. Tweets: @rjcc, @swombat, @carnage4life, @arvidkahl, @paulgb, @carnage4life, and @carnage4life
| Rebecca Bellan / TechCrunch: |
Autonomous trucking startup TuSimple says its semi truck completed an 80-mile route in Arizona without a human on board and no human intervention — Autonomous trucking startup TuSimple has completed its first autonomous truck run on open public roads without a human in the vehicle, according to the company.
More:
FreightWaves, The Hill, Associated Press, CNET, Electrek, TuSimple, and Forbes
| New York Times: |
How tech founders and investors use the Qualified Small Business Stock tax break, a 1990s-era provision for SMBs, to minimize taxes on investment profits — Once aimed at small businesses, a 1990s-era tax break has become a popular way for Silicon Valley founders and investors to avoid taxes on their investment profits.
More:
Bloomberg. Tweets: @_cingraham, @poppy_haze, @donmoyn, @jswatz, @jyuter, @tomphilpott, @wolfiesmom, @rbreich, @victorlavalle, @timothynoah1, and @maureenmfarrell
| Abner Li / 9to5Google: |
Waymo partners with Chinese automotive company Geely to bring a “rider-first” EV with no steering wheel to its US robotaxi Waymo One fleet in the coming years — Waymo One is Alphabet's Lyft/Uber competitor that's live in Phoenix and currently undergoing testing in San Francisco.
More:
Waypoint, Media Center, The Verge, TechCrunch, Caixin Global, WRAL TechWire, Pandaily, equalocean.com, and SlashGear
Tweets: @arekfurt, @ibd_ecarson, @drewdraws2, @geelygroup, and @waymo
| Kris Holt / Engadget: |
Adam Mosseri says in 2022 Instagram will “double down” on video, consolidate its video products around Reels, and focus on creators, transparency, and messaging — In a brief year-end video message, Instagram head Adam Mosseri offered some insight into what's ahead for the platform.
Source:
@mosseri. More:
Instagram, PetaPixel, Social Media Today, iPhone in Canada Blog, iPhone Hacks, 9to5Mac, Android Headlines, KnowTechie, Waivly, CNET, and Insider
| Reuters: |
A California federal judge rules that Alphabet CEO Sundar Pichai can be questioned for up to two hours in a privacy lawsuit over Chrome's Incognito mode — Dec 28 (Reuters) - Plaintiffs who accused Alphabet Inc's (GOOGL.O) Google of unlawfully tracking their internet use while on “Incognito” … | Laura Forman / Wall Street Journal: |
Early pandemic winners, including Cathie Wood's ARK fund, Peloton, Zoom, Poshmark, DocuSign, Chegg, and Zillow, have seen their market value decline in 2021 — Those former tech sweethearts that experienced a reversal in fortune this year could remain in the dumps in 2022
More:
MacDailyNews and 9to5Mac
Tweets: @carnage4life, @carnage4life, @neilcybart, @neilcybart, and @neilcybart
| Tanzeel Akhtar / CoinDesk: |
DeBank, which lets users track and analyze their DeFi investments, raises $25M led by Sequoia China at a $200M valuation — Decentralized finance (DeFi) portfolio firm DeBank has raised $25 million in a funding round that was led by venture capital firm Sequoia China.
More:
Coinspeaker, Bitcoin News, The Block, CryptoPotato, Cointelegraph, Crypto Briefing, and PitchBook. Tweets: @debankdefi
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